AUD/JPY picks up the bids after bouncing off 75.66.
A six-week-old ascending trend line, 200-bar SMA and multiple supports from August 06 restrict immediate downside.
A three-day-long resistance line lures the short-term buyers despite bearish MACD.
AUD/JPY stays on the front-foot while taking rounds to 75.85, up 0.13% on a day, during the pre-Tokyo open trading on Monday.
The pair recently recovered from the key support area comprising 200-bar SMA, a short-term horizontal rest-area and over a month-long rising trend line. However, an immediate falling trend line from August 19, around 76.00 now, is likely challenging the buyers amid bearish MACD